Driver 1

Oil & Gas Property in Freestone County, TX

Property Summary

Key data points for Driver 1

CountyFreestone County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJan 1993 - Aug 2024
Total Oil Production4,979 BBLs
Total Gas Production4,823,660 MCF
Recent Oil Production3 BBLs in Jul 2024
Recent Gas Production1,248 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Driver 1

ShaleAssessment

Not Available

MarketMultiple

$4,507 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Driver 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Driver 1
from Jan 1993 to Aug 2024

Wells on Driver 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-161-30184DRIVER 1VALENCE OPERATING COMPANYProducingFreestone County, TX31.674419-96.235838
42-161-30796DRIVER #1 2TXO PRODUCTION CORP.Plugged Gas WellFreestone County, TX31.680430-96.235342

Leases included in Driver 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-076630DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-108003DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX
05-145789DRIVER 1VALENCE OPERATING COMPANYFreestone County, TX
05-146009DRIVER #1 2VALENCE OPERATING COMPANYFreestone County, TX

Nearby Properties

These are the closest 20 properties to the Driver 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Booth Gas UnitFreestone County, TX0 BBLs3,010 MCFAug 2024
BoydFreestone County, TX10 BBLs17,267 MCFAug 2024
Boyd-Pickett Gas UnitFreestone County, TX5 BBLs23,512 MCFAug 2024
Chancellor Unit No. 1Freestone County, TX4 BBLs3,701 MCFAug 2024
Dowell Gas UnitFreestone County, TX0 BBLs2,852 MCFAug 2024
Dunlap Gas UnitFreestone County, TX5 BBLs39,883 MCFAug 2024
Hale UnitFreestone County, TX0 BBLs2,560 MCFAug 2024
Henderson-LottFreestone County, TX4 BBLs18,499 MCFAug 2024
Hullum Heirs Gas UnitFreestone County, TX0 BBLs1,876 MCFAug 2024
King ZenoFreestone County, TX0 BBLs2,543 MCFAug 2024
Middleton RFreestone County, TX2 BBLs3,643 MCFAug 2024
Mitchell J. WFreestone County, TX0 BBLs9,095 MCFAug 2024
Northen Gas UnitFreestone County, TX18 BBLs17,398 MCFAug 2024
Pickett #1 Gas UnitFreestone County, TX2 BBLs12,122 MCFAug 2024
Reed Gas Unit No. 4Freestone County, TX0 BBLs1,481 MCFAug 2024
Reed Gu #4Freestone County, TX1 BBLs5,772 MCFAug 2024
Ruby Middleton GFreestone County, TX0 BBLs4,747 MCFAug 2024
Sneed Gas UnitFreestone County, TX0 BBLs0 MCFSep 2009
WettermarkFreestone County, TX4 BBLs10,962 MCFAug 2024
Zeno King Gas UnitFreestone County, TX1 BBLs10,488 MCFAug 2024

Owners of Driver 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING CO (MIN)DRIVERVALENCE
2024BEAIRD RESOURCES INCDRIVERVALENCE
2024TEXAS CANEY CREEK RANCH LLCDRIVERVALENCE
2024UNION OIL CO OF CALIFORNIADRIVERVALENCE
2024SWINBURN O EDRIVERVALENCE
2024SWINBURN OLIVER E & SHIRLEY ADRIVERVALENCE
2024SAMPLES BARBARA DERUMDRIVERVALENCE
2024WILLIAMS MICHAEL CULLEN TRDRIVERVALENCE
Displaying 8 of 57 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Driver 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-145789DRIVER 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Dec 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Sep 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Aug 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jul 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Jun 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-145789DRIVER 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-145789DRIVER 1Apr 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY